$592,000
NAL Estimated Property Value2213 Fancy Gap Ln, Austin, TX, 78745
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesGas Cooktop, Dishwasher, Stainless Steel Appliance(s)
FlooringLaminate
Exterior
Exterior FeaturesNone
Lot Size7,349 sqft
Building Information
Year Built1978
Stories2
Roof Type105
Garage Spaces2
Land Information
APN04221906100000
Lot Number45
SubdivisionSouthwest Oaks Sec 1
Land UseResidential
Legal DescriptionLOT 45 SOUTHWEST OAKS SEC 1
Census Tract030900
Assessed Land Value$283,330
Assessed Improvement Value$288,543
Assessment Year2025
About this property
Completely renovated house on a cool densely shaded lot. Brand new stainless steel appliances. New roof, new siding, new cabinets, new kitchen counters, new AC with transferable warranty and the list goes on. No really, please see the list attached. Backyard is fully shaded, perfect for entertaining in the Texas summers on the revamped deck. Large game room upstairs adds extra gathering space. Come take a look at this South Austin opportunity, it won't be available long.Guest Accommodations: Yes
Investor Tools
$592,000
Estimated Property Value
$288,484Estimated Mortgage Balance
$304,111Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,552 /month
Positive
Cash Flow Estimate:
$1,184 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,044/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,571
$571,873
2025
$283,330
$288,543
$571,873
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,571
$571,873
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$326,044
No
First
May 21, 2020
Jun 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,484
$317,516
52%
49%
$1,955/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$1,955/mo
+$245/mo
4.5%
